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BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cutsMore...

Govt announces min. wage increase of $1.20 an hour to take effect on April 1; Indicates further $1.20 and $1.10 hikes in 2020 and 2021; Bridges says National would increase the min. wage by 50c a yearMore...

RBNZ's new capital requirements would need Heartland to lift its 'Tier 1' capital by about $15m a year; company believes the new requirements will stir more takeover activity and says it will consider any 'value-accretive' acquisitionMore...

Allan Barber looks back of a year where New Zealand agriculture had to face a range of unexpected developments and a number of growing uncertainties, almost all of which will be festering in 2019More...

After a couple of big daily falls US equities are up 0.8-1.2%; US bonds have rallied a little ahead of the US FOMC announcement tomorrow; CAD is softer as oil prices continue to fall, while the NZD has sustained the gains it saw in local trading yesterdayMore...

Markets closed in the red Friday in a risk off mood; NZD momentarily recovered towards 0.6800 but failed to make any headway past 0.6890 at the close; NZD has lost ground against its Australian cousinMore...